Matthew:
I was busy today and forgot to sell my TGT Feb 50 call, will you make it 0 or exercise for me ?
All in-the-money options get assigned/exercised on Saturday morning (automatically). Just like real life, except with none of the bitter aftertaste.
MK
How do you exercise? Cash settle or stock settle?
It looks like cash settle because my option selling price is not correct (sold part, left part) and I donβt have stock.
Dave:
Options get exercised/assigned into stock. If you have a question about how your options were exercised or assigned on Saturday, please email me (matthew@collective2.com) and specify the trading system and the option that you think was handled incorrectly.
Thanks. - MK